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===Simple Linear Regression===
 
<!-- [[File:SimpleLinearRegression.png|350px|thumb|center|]] -->
 
  
[[File:SimpleLinearRegression2.png|600px|center|]]
 
 
 
The purpose of regression analysis is to:
 
* Predict the value of the dependent variable as a function of the value(s) of at least one independent variable.
 
* Explain how changes in an independent variable are manifested in the dependent variable
 
:* The dependent variable is the variable that is to be predicted unexplained.
 
:* An independent variable is the variable or variables that is used to predict or explain the dependent variable
 
 
 
'''The regression equation:'''
 
<math> y = a + bx </math>
 
 
* Dependent variable: <math> y </math>:
 
* Independent variable: <math> x </math>:
 
* Slope: <math> b = r \frac{S_y}{S_x}</math>
 
: The slope is the amount of change in units of <math>y</math> for each unitchange in <math>x</math>.
 
* <math> y </math> intercept: <math> a = \bar{y} - b\bar{x} </math>:
 
 
 
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Revision as of 21:42, 23 December 2020